US stocks recorded a record weekly capital inflow of $119.2 billion

Odaily Odaily reported that, according to Bank of America strategists, U.S. stocks attracted a record capital inflow last week, with investors pouring into the technology sector. A team led by Michael Hartnett, citing data from EPFR Global, noted in a report that a record $119.2 billion flowed into U.S. stock funds in the week ending June 17. On an annualized basis, they stated that U.S. stock funds are on track to attract a record $739 billion in capital by 2026. (Jin10)